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Welcome > Sitemap > Local Information ...
Evansville and Newburgh Information:
About Evansville - Moving to Evansville, Indiana? Get info here... About Newburgh - Moving to Newburgh, Indiana? Get info here... Evansville Info - Get info here... Evansville Tour - Get info here... School Reports - Reports for Evansville and Newburgh schools kindergarten, elementary, and high schools. Relocating? - Free real estate information & relocation package if you're relocating to Evansville and Newburgh, in Vanderburgh County IN. Go to Main Sitemap - Main sitemap sections include Find Evansville and Newburgh Homes, For Home Buyers, For Home Sellers, Evansville and Newburgh Information, Real Estate Resources, and About Wayne Ellis.
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Time to Move >When Your House Gets Too Big
As the Baby Boomers of the 1950s send their children off to college, they join the part of the market called "empty nesters". At this point they no longer need six bedrooms and three baths, a family room and a gigantic yard. Many "empty nesters" are trading in the family home for something that is smaller, easier to maintain and has the amenities that are important to their more carefree lifestyle.
If you are considering such a move, start out by consulting a good Realtor whom you like and trust. The good news is--- when you sell your primary residence, you are not taxed on your profit if (1) you have lived in the home for two out of the last five years and (2) your gain does not exceed $250,000 as a single taxpayer or $500,000 as a married couple filing jointly. These capital gain exclusions apply whether you "buy up" to a more expensive home or "buy down" to a less expensive one. If you are moving downtown from the suburbs in order to be close to cultural centers, theaters and restaurants, there may be "quality of life" issues, such as noise or parking. Your Realtor can help you find a home that has all the conveniences and amenities you desire.
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| Q |
Where is the world's largest art gallery?
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At the Winter Palace and Hermitage in St. Petersburg, Russia, visitors would have to walk 15 miles to see the 322 galleries which house almost 3 million works of art.
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 See More Real Estate Trivia > |
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